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Crash & Depression Flashcards | StudBud
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Crash & Depression
Crash & Depression
26 terms
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Flashcards
26 cards
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Questions
26
Answers
1
Penny Auctions involved bankers throwing pennies at farmers.
False
True
2
In the late 1920s most Americans felt the economy would
continue to decline.
begin to slow down.
continue to prosper.
soon collapse.
3
When the Bonus Army marched on Washington, D.C., ____ decided to use force against them.
Douglas MacArthur
John Maynard Keynes
Herbert Hoover
Wilson Ledford
4
Herbert Hoover caused the Great Depression.
True
False
5
Roosevelt won the 1932 presidential elec- tion after promising
an immediate end to the Depression.
lower taxes.
a “new deal” for the American people.
to close the stock market.
6
The government built public housing for homeless unemployed workers and their families.
False
True
7
The stock market crash led directly to (but did not cause)
the Great Depression.
prosperity in Europe.
a rapid recovery.
higher farm prices.
8
The physical health of most Americans, especially children, declined during the Depression.
False
True
9
Which of the following became a symbol of hope during the Depression?
Prohibition
the Dust Bowl
the Empire State Building
Hoovervilles
10
During the Depression, how did most Americans view the democratic system?
They continued to trust it.
They thought it was a failure.
They feared it would make thingsworse.
They preferred Socialism.
11
Hoover’s policy of not taking direct action to try to end the Depression caused
a rapidly improving economy.
Americans to blame Hoover for the problems.
Hoover’s reelection.
an increase in Republicans’ popularity.
12
One sign that the economy might be weakening in the 1920s was
an increase in personal savings.
underproduction of consumer goods.
uneven distribution of national wealth.
the collapse of large corporations.
13
In 1933 the Twenty-first Amendment brought an end to
the United States Communist party.
Prohibition.
the Depression.
stock speculation.
14
President Hoover believed that the best strategy for ending the Depression was
encouraging massive government spending.
lowering import duties.
encouraging voluntary controls in the business sector.
setting up federal relief programs.
15
October 29, 1929
Black Thursday
Black Friday
The Great Crash
Black Tuesday
16
The photographer ____ showed the nation the realities of the Depression.
Wilson Ledford
Dorothea Lange
Eleanor Roosevelt
Herbert Hoover
17
Hoover's weak attempt to combat the Depression, which "bailed out" large companies.
KGB
CIA
RFC
DSM
18
The term “Hooverville” was used to describe
the stock market.
President Hoover’s home.
housing built by the government.
shelters built by homeless people.
19
1930 import tax, the highest in history
Kellogg-Briand
Hawley-Smoot
The Great Crash
Dawes Plan
20
The stock market crash of 1929 soon affected
everyone except the rich.
nearly all Americans.
just those who had invested heavily instocks.
only wealthy Americans.
21
Which activity would the “Depression generation” avoid?
pinching pennies for a future purchase
buying expensive items on credit
preparing for economic misfortune
paying cash for a purchase
22
What board game was created during the 30s by Charles Darrow?
Risk
Chutes and Ladders
Monopoly
The Game of Life
23
During the 1920s most of the nation’s wealth was in the hands of
labor unions.
farmers and workers.
corporations and rich families.
small businesses.
24
Social and economic conditions improved for African Americans during the Depression.
False
True
25
How did most investors react to a sudden fall in stock prices in 1929?
They called in their loans.
They pledged their stocks as collateral.
They raced to sell their stocks.
They pooled money to buy stock.
26
The Great Crash was part of the nation's
constant disappointment.
patriotic tradition.
attitude.
business cycle.
